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5174 Linden Ave, Long Beach, CA 90805
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5174 Linden Ave Long Beach, CA 90805

$1,200,000
  • 5 Beds
  • 4 Baths
  • 2,400 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified
Map preview of 5174 Linden Ave, Long Beach, CA 90805

Property Overview: 5174 Linden Ave Long Beach, CA has 5 bedrooms, 4 bathrooms, 2,400 living square feet and 4,882 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Located in the heart of Long Beach, this multi-unit apartment building offers a prime investment opportunity for those looking to capitalize on the city's growing real estate market. The building features a mix of one and two bedroom units, providing a diverse tenant base and consistent rental income potential. In addition, there's a possibilitiy to build add-on units in the empty lot. Its proximity to public transportation, shopping centers, and local amenities makes it an attractive option for renters. With steady demand for affordable housing in the area, this property promises significant appreciation and potential for renovations that can further increase its value over time.

Listed by Ivette Reese | BRE #01780497 | Koinos Real Estate Group
Last checked: 7 minutes ago | Last updated: September 11th, 2024 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
4,882
HOA Dues
$0/mo
Year built
1957
Garage
1 Car
Property Type:
Apartment
Status
Active
MLS#
PW24187680
City
Long Beach
County
Los Angeles
Time on Site
7 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,600
  • Total Rent: $1,600
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,200
  • Total Rent: $1,200
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,300
  • Total Rent: $1,300
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $61,800
  • Net Operating Income: $42,670
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $19,130
  • Electric: $320
  • Gas/Fuel: $0
  • Licenses: $450
  • New Taxes: $12,600
  • Trash: $0
  • Gardener: $480
  • Insurance: $2,000
  • Maintenance: $1,800
  • Professional Management: $0
  • Water/Sewer: $1,000
  • Other Expenses: $1,800
  • Other Expense Description: general

Open Houses for 5174 Linden Ave

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Property Details for 5174 Linden Ave

Interior Features
Laundry Information
  • Has Laundry
  • Common Area
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 1
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 7130010002
  • Year Built Source: Public Records
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Lakewood City/Long Beach (LCB)
  • Directions: CA-57 South towards Santa Ana, take exit to merge onto CA-91 West to Los Angeles, take exit 12B onto Atlantic Ave.
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Long Beach Agent

Sale History for 5174 Linden Ave

View property's historical transactions

  • September, 2024

  • Sep 11, 2024

    Date

    Active

    CRMLS: PW24187680

    $1,200,000

    Price

Tax History for 5174 Linden Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

5174 Linden Ave is listed 53.85% higher than the median list price for the city of Long Beach which has a median list price of $780,000. The median price per/sqft for Long Beach is $646 and this home is listed at $500 per/sqft which puts the price per square foot 22.6% lower than the median price per square foot for the city of Long Beach.

About 5174 Linden Ave

Detailed summary of property

5174 Linden Ave is a apartment located in Long Beach, CA 90805 and is currently for sale. This apartment offers 5 bedrooms, 4 bathrooms, roughly 2,400 living square feet, and sits on an approximately 4,882 square foot lot. 5174 Linden Ave was first listed on ArdentRealEstateGroup.com on September 11, 2024. The homeowner is currently asking $1,200,000. The median priced home in Long Beach is $780,000 with a median price per square foot of $646. Based on Ardent Real Estate Group's Long Beach Market Data, this home is listed 53.85% higher than the median priced home. Local competing homes currently for sale include 2223 Locust, 2175 Earl Ave and 2165 Earl Ave. While the average home in Long Beach, CA is selling in 62 days, 5174 Linden Ave has a days on market of 8 days. There are currently 778 homes for sale in the Long Beach real estate market and 416 of them are single family homes while 337 of them are condos and 23 are townhomes. For more information on this home for sale at 5174 Linden Ave Long Beach, CA 90805 contact Ardent Real Estate Group and we will put you in touch with one of our Long Beach agents.

Public Facts for 5174 Linden Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90805 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$680,000
Median List Price/Sq.Ft.
$552
Median Sold Price
$700,000
Median Sold Price/Sq.Ft.
$568
Total Inventory
96
Median Sale to List Price %
101.89%
Avg Days on Market
28
Loan Type
Conventional (42.11%), FHA (36.84%), VA (10.53%), Cash (0%), Other (10.53%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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